Realization Releases Performance and Process Metrics for its Project Execution Management System

November 2, 2009

Concerto 5.6 Includes a New Module that Establishes the Right Performance and Process Metrics for Project Based Organizations, Enabling Them to Sustain Superior Performance

SAN JOSE, Calif., Nov. 2 /PRNewswire/ -- Realization Technologies has announced the immediate availability of Concerto 5.6, the latest version of its Project Execution Management software. Concerto is an enterprise software system that implements Realization's pioneering methodology for synchronizing project execution. Concerto has enabled large organizations such as ABB, Amdocs, Boeing, Delta Air Lines, Hamilton Beach Brands, Medtronic, and the U.S. Air Force to increase revenue and profitability by completing more projects faster, without consuming more resources.

Concerto keeps priorities synchronized across projects and across departments, despite the many uncertainties that happen in execution. It allocates resources such that they not spread thin and focuses them on the right tasks at the right time. As a result, resources are more productive and projects get done faster.

The new "Results and Rules" module provides project performance metrics that focuses executives and managers on the right drivers for superior execution. Rather than using local measurements that promote one project at the expense of other projects, such as project cost or schedule performance, executives can now rely on global measurements such as Throughput, Cycle Time and Due Date Performance, enabling them to hold managers accountable to overall results and make high leverage decisions quickly.

In addition to performance metrics, the module provides process-compliance metrics that ensure sustainability of results. Again, rather than using local measurements such as task-level schedule compliance, these metrics help executives monitor compliance with Realization's execution synchronization methodology, such as adherence to the limits set on the number of projects in execution, number of tasks open for a supervisor at any given time and how well task priorities are being followed.

"Concerto helps project organizations work in a synchronized fashion in the face of uncertainty," said Ravi Shankar, CTO of Realization. "The Results and Rules module gives executives the tools they need to ensure that their managers are focused on results and are compliant with rules that have enabled the synchronization."

About Realization Technologies, Inc.

Realization provides and implements Project Execution Management systems that enable enterprises to increase revenue and profitability by completing more projects without consuming more resources. Based on Realization's unique methodology, these systems enable enterprises to intelligently synchronize and prioritize tasks in real time. This empowers enterprises to effectively accommodate the many uncertainties that happen in execution, and renders traditional project planning and management obsolete. More than 200 enterprises worldwide rely on Realization's solutions to drive superior results in maintenance, repair and overhaul (MRO) for aviation organizations; power plant turnarounds; process manufacturing MRO; engineer-to-order manufacturing; IT software development and other project-based operations. Realization is based in San Jose, Calif. and may be found on the Web at http://www.realization.com.

    Contact Information
    Jeff Miller
    Davies Murphy Group
    (541) 207-3461 (o)
    (541) 207-6413 (m)
    realization@daviesmurphy.com

SOURCE Realization Technologies, Inc.